As Mexico’s first offshore bidding round for already discovered fields saw bids significantly higher than the minimum set up by the government, adding further transparency to the process would be positive for the round as it approaches its deepwater phase…
Phoenix, Arizona-based minerals company Freeport-McMoRan (FCX) may be done with its foray into the oil and gas sector, nearly three years after the journey began. On Tuesday, the company announced that in consideration of spinning off its oil and gas business…
Anadarko Petroleum announced that topsides have been lifted onto the Heidelberg spar in the Gulf of Mexico this week. Heidelberg. Image from Anadarko Facebook. Using Heerema Marine Contractor's largest crane vessel…
Arctic drilling has made headlines since the announcement of Shell’s 2015 summer drilling campaign. Paired with the low oil prices due to a surplus of supply, many people wonder why we even need to drill in the Arctic when there is so much oil right now…
Fugro (Mexico) in conjunction with long-time associates, Diavaz, has been awarded an extension of the ongoing offshore geophysical and geotechnical campaign by the Mexican national oil company, Pemex. Geotechnical field operations, laboratory…
R. Scott Rowe has assumed the role of president and CEO of Cameron International, effective today, the oilfield equipment provider announced. Rowe has served with Cameron for 13 years, most recently as president and chief operating officer…
The US and five Gulf states have reached a US$20.8 billion civil claims settlement with BP from the 2010 Deepwater Horizon disaster, according to the US Department of Justice (DOJ). Transocean's Deepwater Horizon before the explosion…
Resource assessments of the 2015 license round area for offshore Newfoundland and Labrador shows the potential to hold 12 billion bbl and 113 Tcf of gas in place, according to the Government of Newfoundland and Labrador, Nalcor Energy and Beicip-Franlab…
T.D. Williamson (TDW) was contracted by an operator in the Gulf of Mexico to replace two flexible joints connecting two steel catenary risers on a tension leg platform 120km (75mi) off the coast of Louisiana. TDW performed simultaneous…
Image: Deep Blue/Technip Shell awarded Technip a contract for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the floating production…
Harkand, an inspection, repair, maintenance (IRM) and light construction company, has named Doug Fieldgate general manager of its African business. Fieldgate has 23 years of experience in the African oil and gas market primarily focused on West Africa – he will be based in Houston…
Gregory Hale shows how web-based software utilizes high definition photos and video to extend the life of aging assets. Screen capture of a web-based software solution that utilizes high definition photo and video technologies…
Nanotechnology is a wide and growing field being researched and developed by both academia and industry alike. Elia Barnett spoke with researchers at University of Houston, Rice University, and Halliburton to see how far the technology has come…
Italy’s Eni won, with a 100% share a production sharing contract, to appraise, develop, and exploit the oil fields of Amoca, Miztón e Tecoalli, located in the Area 1 in the Campeche Bay, offshore Mexico, following an international auction held on 30 September in Mexico City…
It’s no secret that the current state of the oil and gas industry is one of doom and gloom. And before a solution can be found, the industry must first admit there is a problem. “I think what we’re seeing is really a confluence of two major factors…